Kingfisher Airlines to shut 25 centres, 3,500 workers affected

Kingfisher airlines, which is in headlines for the financial turmoil it is going through has to shut 25 centers, these  include Hyderabad, Kolkata, Lucknow, Ahmedabad, Ranchi, Patna, Amritsar, Bhubaneswar, Indore, Kochi, Nagpur, Coimbatore, Bagdogra, Trivandrum and Kochi, company executives told NDTV Profit. Kingfisher, with a work force of 7,000 employees will […]

Crisis In Kingfisher After 130 Pilots Quit And 149 Flights Were Cancelled

As the airline put its figures on the table the state of complete disorder was clearly seen in the Kingfisher Airlines.  Around 36% of its daily schedule was disturbed  as 149 flights were cancelled and it is also reported that 130 pilots had quit the job from the kingfisher airlines.

Kingfisher Airlines canceled it’s 12 flights from Delhi

Kingfisher Airlines has canceled it’s 12 flights from Delhi and several more from across the country. “The Kingfisher Airlines  has already announced that it will be shutting down its low-cost arm. There is major skepticism about the airline’s future prospects and from what we hear many staff members have applied […]

Agreement signed between Kingfisher and Oneworld Alliance

Kingfisher signs agreement to Join Oneworld Alliance. Contract was signed by Kingfisher Airlines Chairman. Kingfisher Airlines’ joining with Oneworld will link the alliance’s unrivaled network with the most extensive domestic network of India.

ABB Open Offer to increase stake in India subsidiary-Nifty Premarket View

If the Asian markets continue to trend down, do not attempt any intra trades till atleast the 200sma @ 4975 is reached and support becomes evident.